Investors' Soapbox PM

Maxim Should Sing Samsung's Praises

J.P. Morgan says Maxim's 20% exposure to Samsung will lift the stock.

January 11, 2013

J.P. Morgan

We are upgrading Maxim Integrated Products from Neutral to Overweight as we are assigning the stock a higher multiple due to our belief that Samsung should continue to gain share in the smartphone end-market, Maxim's 20% exposure to Samsung, and the stock's 3.2% dividend yield.

Samsung is one of the few technology original equipment manufacturers (OEMs) that is gaining market share which we believe should help...